Los Angeles, CA -- (SBWire) -- 02/02/2019 --QY Research has come up with a newly published report on global Digital Radiography market in its database that provides an in-depth analysis of the key market insights, its future trends, and developments, profiles of leading players, key restraints and drivers, segmentation and forecasting. The report highlights the Digital Radiography market size and CAGR of the important segments, thus providing quick relevant information about the global Digital Radiography market.
Digital Radiography is the electronic capture of X-ray exposure. The exposure is captured in a device that converts the X-rays to a digital signal, which is then represented on a viewing monitor for diagnosis. An image from a Digital X-ray System that appears on a viewing monitor may have come from one of two technologies, namely Computed Radiography (CR) and Direct Digital Radiography (DR/ DDR).
The Digital Radiography consumption volume was 21349 Units in 2016 and is expected to reach 23241Units in 2017 and 34944 Units in 2022, growing at a CAGR of 8.49% from 2017 to 2022. Since 2016, China has been the largest consumption market of the digital X-ray system, with shipments of about 5 thousand units. North America and Europe are still the most important market of the digital x-ray system, but the consumption growth rate in Asia-Pacific and other emerging market is forecasted to be higher in the following years.
Currently, there is still great market potential for digital x-ray system, as the penetration rate of a digital x-ray system is still not that high, especially in developing countries such as China, India, Brazil and etc. But it is forecasted that the growth rate of digital x-ray system may not keep not fast in the following years after the penetration rate of digital x-ray system get reasonable level; what can not be ignored is that conventional x-ray system will disappear, conventional x-ray system still has a lot of advantages.
The manufactures of Digital Radiography are concentrated in Japan and North America. Europe is still the largest production area in the world, which occupied about 26% in 2016. The following areas are North America. As the design and manufacturing technology of digital x-ray system is quickly getting more and more mature, the manufacturers in developing countries, especially China, is actively competing in the market with low-cost products. And the price of a digital x-ray system is reducing year by year, which is also a market driving factor.
Despite the presence of competition problems, due to the increasing demand of leading-edge, effective products and the development of downstream industry area, investors are still optimistic about this area, investors are still optimistic about this area, the future will still have more new investment enter the field. In the next five years, the consumption volume will keep increasing, as well as the consumption value.
The Global Digital Radiography market is valued at 2990 million US$ in 2018 is expected to reach 4490 million US$ by the end of 2025, growing at a CAGR of 5.2% during 2019-2025.
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Major Key Manufacturers of Digital Radiography Market are:
GE Healthcare
Siemens Healthcare
Philips Healthcare
Agfa HealthCare
Fujifilm
Angell Technology
Carestream Health
Wandong Medical
Hitachi
Mindray
Land Wind
Toshiba
Konica Minolta
DEXIS
Shimadzu
Source-Ray
Samsung
Digital Radiography market includes market size, segmentation data and geographical analysis of market growth trends, leading companies, and microeconomic information.
Major Classification as follows:
CR Tech Digital X-Ray System
DR Tech Digital X-Ray System
Major Application as follows:
Dental
Orthopedics
General Surgery
Veterinarian
Others
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The Digital Radiography report is designed in a method that assists clients to acquire a complete knowledge of the overall market scenario and the important sectors.
This report consists of a detailed overview of Digital Radiography market dynamics and comprehensive research.
Explore further Digital Radiography market opportunities and identify high potential categories based on detailed volume and value analysis.
Detail information on competitive landscape, Digital Radiography recent market trends and changing technologies that can be useful for the companies which are competing in the Digital Radiography industry.
Gaining knowledge about Digital Radiography market competitive landscape based on detailed brand share analysis to plan an effective market positioning.
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Digital Radiography Market Will Surge at 5.2% CAGR to Reach 4490 Million US$ by the End of 2025 QY Research, Inc.